Here we go again, one moment to hit, one moment to consolidate. Trump, that damn guy, is back to drawing K-lines. As soon as the ceasefire extension was announced, Bitcoin responded with a strong rebound, directly breaking through the 77,000 level. The short-selling strategy given in the morning was also wiped out as a result.

Next, considering the Middle East situation, let's discuss the future direction.

Trump's decision to soften and extend the ceasefire essentially means he no longer wants to continue the consumption. Iran's military bases, steel facilities, transportation hubs, and other key targets have been hit one after another. The core targets that could be attacked are now almost exhausted. The U.S. has already spent over 50 billion USD, and the continuous, money-burning strikes have become practically meaningless. Therefore, shifting to negotiations is the realistic choice. Once the U.S. and Iran reach a formal agreement, this round of conflict will be declared over.

The probability of further escalation of the war is extremely low, and the expectation of peace continues to rise, which is undoubtedly a major positive for Bitcoin.

There is no obvious strong resistance below 80,000 points. The 80,000 integer level is the only key resistance in the near future. Breaking through 80,000 in late April has become a clear trend target.

The overall trend remains firmly bullish. The current price is 77,000, just a stone's throw from 80,000.